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' ST~1TE OF Ft.(~RIUA ' ~
THtS M()RTGAG6 DEEO EXECUTBD THB 15th ~ day of AuguBt , A.D. "
~~7~ , by New Teats~meat Baptiet Church of Fort Pier~e.I~c. ~
, a Religiau~ corporation, heceinaftcr caikd the Mottgagor, ta
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f.s~a~.c , ~ik_ ~~-Y.rn .
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RUPERT N. KOBLEGA RD, III . as TRUSTEE FOR 80NDHOLDERS nF
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h~~cinaftc~ called thc Nlortgagec: - '
.(Wbertver used herein, the tecros "mortgagor•• and "mottgagce" _
inciude all the panics to this instrument and thc heirs. Icgsl
reprtsentuiv~es and ~ssigns of individuals, and the successors and
~ , assigns of corpotations;) -
WtTNESSETH, that fo~ good and valuablc cdnsidcrs~tions, sr~d also in considentan af the
aggr~gatr sum namcd in the 6onds hereinafter de~bed,- the mortg~or herrby gnnts, bargains,
u Us, alicns, remises, conveys and confirms unto the mortg~~gee all the certain land oi which the
nr•rt~;a~;~w is nr~w scizcd and in ~~sscssion situate in ST. LUCIE OOUNTY , FWRiDA. vi::
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Lot 16, leea the West 5 acres of the Fbrida Coast Line Cac~al
and t:ansportation Comp~ny subdivlsion of Section 34. Township
- 35, Range 40 East, accord~ng to the plat thereof,~ as recorded in
Plat Book 1, -page 43, of the Public Records of St. Lucie County,
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~ Tt? HAVE AND 7Y3 HOLD thc samc. together with the tcnements, hereditamtnu and
arpurtce~anccs thcrcto belonging, and the ~ents, issues and ptofits themof, unto the ~riortgagce, in
f~ c >implc. - . ,
ANb the mortg,agcst c~venants with the mortgagee that the mortgagor is iitdefeasibly seized of
s.~id Iand in fcc simpk; .:~at the.mortgagor has good right and lawtul authority to con+rey said land
af~~rc~:~id; thac thc mortgagar wi11 make such further assurance to perfect the fee simple title to
.aid laml in thc morcgagee as may rcasonably bc requircd: that tlie m~rtgagor hercby fuUy wurants
~ ~I~r titic t~~ said land and will dcfend the same against the lawful claims of all persons whomsocver; ~
- a~~d that said l.and is free and clear of al! encumbr~nces whatsoever.
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3[" PRUVIDED Al.WAYS, that if said mottg,agor shall pay unto aaid mortgag~ee the indebtedrfess
~ hcreinaftcr substantiatty copied or identified, to arit: -
N1~? ~ ticmds issucd by the mortgagor in the total face amount of s 135, 000. 00 kndwn ss
~ Scrirs of Auguet ! 5, 1977 , 5aid bonds mature serialiy, and bear intenst, and ue
payabk, al! ~s motc fuUy :et ~orth in aaid bands and in ~ agreemcnt of Trust Indentura dated
~ ~ ~ che 15th day of Avgust , 19 ?7 . between mortg,agor, mortgagee snd othet~,~
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~ . reference ta which ~~~hereby made and which is incotporated.hen~n by reference.
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